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Shakti Pumps (India) invests Rs 11 crore in Shakti Energy Solutions

05 Sep 2026 Evaluate

Shakti Pumps (India) has invested Rs 11 crore in its wholly owned subsidiary i.e. Shakti Energy Solutions. The investment is aimed at establishing a greenfield high efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW, under Shakti Energy Solutions.

Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.

Peers
Company Name CMP
Kirloskar Brothers 1785.00
Elgi Equipments 618.50
Shakti Pumps (India) 493.65
KSB 802.95
WPIL 435.00
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